AePS Bank List

AePS Service Enabled Bank List

AePS Bank List : AEPS (Aadhaar Enabled Payment System) is a payment system that enables financial transactions using biometric authentication. AEPS allows customers to use their Aadhaar number and fingerprint to conduct various banking transactions, such as cash withdrawals, deposits, and balance inquiries. In this article, we will discuss the list of banks that offer AEPS services to their customers.

AEPS Service-Enabled Bank List

AEPS services are offered by several banks in India. Here is a list of banks that offer AEPS services to their customers:

  1. State Bank of India (SBI)
  2. Punjab National Bank (PNB)
  3. Bank of Baroda (BOB)
  4. Union Bank of India (UBI)
  5. Canara Bank
  6. ICICI Bank
  7. HDFC Bank
  8. Axis Bank
  9. IDBI Bank
  10. Indian Overseas Bank (IOB)
  11. Bank of India (BOI)
  12. Central Bank of India
  13. Corporation Bank
  14. Andhra Bank
  15. Karur Vysya Bank
  16. Catholic Syrian Bank

These banks have integrated their systems with the National Payments Corporation of India (NPCI) to provide AEPS services to their customers. AEPS services can be accessed through the bank’s mobile app or through the bank’s branches.

Benefits of AEPS Services

AEPS services offer several benefits to customers. Here are some of the advantages of using AEPS services:

  1. Convenience: AEPS services can be accessed from anywhere and at any time, making banking transactions more convenient for customers.
  2. Security: AEPS uses biometric authentication, which ensures the security of transactions and reduces the risk of fraud.
  3. Financial Inclusion: AEPS services enable customers in remote areas to access banking services without the need to visit a bank branch.
  4. Lower Transaction Costs: AEPS transactions are cheaper compared to other payment systems such as credit cards, making it an affordable option for customers.

Conclusion

AEPS services have revolutionized the way banking transactions are conducted in India. With the help of biometric authentication, customers can conduct transactions with ease and convenience. The list of banks that offer AEPS services is constantly growing, and more and more customers are benefiting from this innovative payment system. If you are a customer of any of the banks mentioned in this article, you can take advantage of the AEPS services offered by your bank to enjoy the benefits of this payment system.

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